Industrial
National Solar Market Year in Review
The U.S. installed 10.6 gigawatts of solar photovoltaic capacity in 2018, reaching 64.2 gigawatts of total installed capacity, sufficient to power 12.3 million American homes, according to a report of Wood Mackenzie/Solar Energy Industries Association.
Invesco Real Estate Buys $129M FL Industrial Portfolio
The deal includes approximately 1.9 million square feet of warehouse space spread across three buildings in Jacksonville’s Westside and Northside submarkets.
Schostak Brothers Buys MI Distribution Center
Colliers represented the company in the acquisition of a 950,000-square-foot facility in Grand Rapids, as well as the property’s seller, Minnetrista Investments LLC.
Manufacturer Signs New Central FL Lease
The Dikman Co. worked on behalf of tenant MKZ Inc. in securing the 4,000-square-foot lease in Tampa’s Madison Business Park.
E-commerce, Logistics Firms Lead Industrial Leases in 2018
Manufacturers and retailers have taken a back seat, accounting for a decreasing number of space commitments, the latest CBRE research shows.
LGE Breaks Ground on Phoenix-Area Warehouse
The design-build company has teamed up with Clarius Partners on the development of The HUB at Goodyear, a 791,000-square-foot spec project spanning 43 acres.
The Silverman Group Sells South FL Industrial Park
The buyer shelled out nearly $12 million for the three-building property, while A10 Capital provided acquisition financing to facilitate the Riviera Beach deal.
EDPR, Microsoft Sign Ohio Wind PPAs
The agreements bring Microsoft’s directly acquired renewable energy portfolio to nearly 1.4 gigawatts. Timber Road IV Wind Farm is the company’s fifth project in the region.
LBA Logistics Buys Sacramento Industrial Property
The local Colliers office represented both the seller and the buyer in the transaction, which marks the city’s largest sale of its kind so far this year.
FPL to Add 300MW of Solar Power to The Sunshine State
Four solar farms will generate the 300-megawatt capacity, enough to power about 60,000 homes and bring $26 million in net-savings to FPL customers over the long term.